Nigeria: Apricot Market 2025

Apricot Market Size in Nigeria

After three years of growth, the Nigerien apricot market decreased by -15.2% to $X in 2022. Over the period under review, consumption recorded a abrupt decrease. Apricot consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Apricot Production in Nigeria

In value terms, apricot production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight decline. The pace of growth was the most pronounced in 2015 with an increase of 9.2% against the previous year. Apricot production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of apricots in Nigeria stood at less than X kg per ha in 2022, therefore, remained relatively stable against the year before. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apricot harvested area in Nigeria amounted to less than X ha in 2022, flattening at the year before. In general, the harvested area continues to indicate a relatively flat trend pattern.

Apricot Exports

Exports from Nigeria

After three years of decline, shipments abroad of apricots increased by 49% to X kg in 2022. Over the period under review, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 109% against the previous year. The exports peaked at X kg in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, apricot exports soared to $X in 2022. Overall, exports, however, faced a deep contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Niger (X kg) was the main destination for apricot exports from Nigeria, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger amounted to -8.3%.

In value terms, Niger ($X) also remains the key foreign market for apricots exports from Nigeria.

From 2012 to 2022, the average annual rate of growth in terms of value to Niger stood at -13.1%.

Export Prices by Country

In 2022, the average apricot export price amounted to $X per ton, which is down by -21.1% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2017 when the average export price increased by 231% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to -5.2% per year.

Apricot Imports

Imports into Nigeria

In 2022, the amount of apricots imported into Nigeria declined sharply to X kg, with a decrease of -19.8% on 2021. Over the period under review, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 13% against the previous year. Imports peaked at X kg in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, apricot imports dropped slightly to $X in 2022. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 3.8%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Egypt (X kg) constituted the largest supplier of apricot to Nigeria, with a 38% share of total imports. Moreover, apricot imports from Egypt exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), twofold. The third position in this ranking was held by Turkey (X kg), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Egypt amounted to +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-20.6% per year) and Turkey (-1.9% per year).

In value terms, Egypt ($X) constituted the largest supplier of apricots to Nigeria, comprising 62% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Turkey, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value from Egypt amounted to +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-22.3% per year) and Turkey (+14.5% per year).

Import Prices by Country

In 2022, the average apricot import price amounted to $X per ton, jumping by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +6.1%. The growth pace was the most rapid in 2013 an increase of 39% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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